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20120925
20121003
Search Results 0 to 5 of about 6 (some duplicates have been removed)
that to? >> i think we are at a fiscal and economic cliff. i think we have pursued government spending programs that have created a debt that is out of control. at the convention come after talking, i went home to my hotel at 1:30 a.m. and i was looking on my iphone at twitter. and the comedian paula pound stone had sent a tweet that evening. i don't know her, but she said " ted cruz just said that, when his daughter was born, the debt was $5 trillion and now it is $16 trillion. what the heck did she do?" [laughter] >> you think the debt is putting the nation in crisis. >> along with government spending, is causing the dead. we have seen a growing expansion in the power of the federal government. it is crippling small businesses. >> you are the national co-chair of the obama-bided campaign. >> i would put the challenge that we have as a nation in a different context. and say that, to the extent that we are a nation in "crisis," although i would not describe it as that because i believe that we can fundamentally overcome this and that we can do it in a fairly rational and reasonable way
solutions, and people lost confidence that the government knew what it was doing. they let one fail, they'd bail out another one, they'd let another one fail, back and forth. what's the policy? and so i think the crisis was terribly mishandled by secretary paulson is and the others involved in it. cheryl: i will say oneover the things, william, that he did do and, frankly, i've been on the air saying i thought it was the right move, letting lehman go, almost making that example of lehman brothers, putting the banks on notice, we're not going to be downtown at the new york fed negotiating last minute deals on sunday nights to save your behinds, basically. that was a pretty bold move by paulson. you wouldn't have done that same move that he made five years ago in. >> no, i think that when you're, when you have a crisis, the first obligation the government has is to calm the crisis, do whatever it takes to calm the crisis. and that's what we did in the 1980s. i would tell you, cheryl, the 1980s was far more threatening to the financial system and the economy than this episode in 2008. we act
government workers make compared to the private sector? a lot. we have the number. and speaking of income envy, questions about elizabeth warren's law license. she's the one who started that debate with this rant. >> there is nobody in this country who got rich on his own. nobody. you built the factory out there, good for you, but i want to be clear, you moved your goods to market on the roads the rest of us paid for. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >> announceryou never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and
we have a massive deficit of trillion a year. he has raised government spending the latestleast of modern presidents. but he raised it 23. look at pure obama areas, he is the biggest spending since president truman. >> steve: what is interesting george bush 3.2. spending up 3.2. over lap bush and obama 10 percent . the cure obama years. 10-13. that is 23 percent increase. >> steve: why didn't you make that available to people of 60 minutes. >> would they have use today? i don't think so. >> brian: it was carried over with interest. and he's only responsible for 10 percent of the deficit that is being pened on him. >> you can juggle around the numbers all you like. he said it was the bush tax cuts that created the deficits we have today. i disagree with that. those tax cuts are 10 years old . when they were put in place in 01 and 02 revenues to the overnment and treasurel went straight up and allow us to cut your deficit to scen billion. >> gretchen: he approved the bush tax cuts. >> he approved them two years ago. >> steve: we don't have a tax problem but washington has a spendi
Search Results 0 to 5 of about 6 (some duplicates have been removed)